Barrick Gold announced preliminary 2015 full-year production of 6.12 million oz of gold, in line with the company’s updated guidance of 6-6.15 million oz.
Preliminary full-year copper production of 511 million lb also met guidance of 480-520 million lb.
“We are pleased with the solid performance of our portfolio in 2015,” said Barrick President Kelvin Dushnisky. “In addition, we significantly improved our liquidity and strengthened our balance sheet, meeting our $3 billion debt reduction target through disciplined noncore asset sales, partnerships and free cash flow. As a result, we reduced our total debt by 24% last year.”